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In this episode of "IN Practice Podcast" we will talk about the similarities and differences between project governance and corporate governance and what are the key differences between them. We will also discover that both governance structures are designed to ensure that the organization is run effectively and efficiently, but project governance is focused explicitly on projects, whereas corporate governance is more broadly focused on the organization as a whole.
In this episode of "IN Practice Podcast" we will discuss the benefits gained from using multi-criteria analysis and how it can help project managers and decision-makers make better decisions with regard to investing in projects. Investing in projects is never a sure thing, but using multi-criteria analysis can help reduce the risk associated with each decision by providing a comprehensive view of the potential outcomes. With this method, organizations can confidently choose projects that will bring in the most benefits while reducing the risk of any problems along the way.
In this episode of "IN Practice Podcast" we will explore the horizon scanning tool, which is a systematic examination of information to identify potential threats, risks, and emerging issues. We will also learn that by analyzing trusted sources of information, horizon scanning helps identify emerging developments and trends that helps organizations create strategies that are proactive rather than reactive.
In this episode of "IN Practice Podcast" we will talk about why a PMO can be a valuable resource for any company but can be especially beneficial for larger, more mature organizations. We will also discuss how a virtual PMO can provide the same services as a traditional PMO, but it has some advantages over a physical PMO.
n this episode of "IN Practice Podcast" we will discuss the benefits of using a hybrid project management method and will also provide examples of how to implement one. We will also talk about the PRINCE2 Agile as a hybrid project management approach that can help ensure that projects are delivered on time and within budget while maintaining the flexibility to respond to changing needs and requirements.
In this episode of "IN Practice Podcast" we will address the topic of strategic pivoting and why it's useful for businesses to pivot their direction to stay ahead of the competition. Then we will go over why companies should consider strategic pivoting such as changes in products, markets and business models.
In this episode of "IN Practice Podcast" we will talk about Strategic Drift and its negative impacts on degrading the company’s strategy over time without direct intervention. We will also cover the reasons why strategic drift can be a major problem for organizations and may result in the loss of strategic focus and direction, market share, and competitiveness. Then we will go over the three steps you can take to avoid strategic drift in your company.
In this episode of "IN Practice Podcast" we will talk about the role of Enterprise Risk Management in Strategic Implementation. Then we will go over the benefits of implementing an Enterprise Risk Management System inside your organization and how it could help to improve the decision-making process, financial performance, strategic implementation and market reputation.
This episode was created based on expert views and insights on the latest trends and practices to adopt and establish enterprise risk management functions at a large-scale organization with Osama Nasir, an expert in risk management in the public sector at the UAE government.
In this episode of "IN Practice Podcast" we will address the dynamic nature of the investment case and how it can help ensure that decisions are made consistently and logically. It can also be used to help secure funding for new initiatives. We will also explore other features of a good investment case that can help improve communication regarding the proposed spending. This episode was created based on expert opinions, inputs, and insights on the most recent trends and best practices in developing investment cases for the public and private sectors, shared by Wadah Abusin, a venture capital and corporate finance expert in leading and building businesses in the United Kingdom and the United Arab Emirates.
In this episode of "IN Practice Podcast" we will talk about the benefits of establishing a portfolio office and how it supports your organization in better assessing its investments, overseeing the progress of the delivery of its change initiatives and ensuring effective allocation of resources. This episode was created based on expert opinions, inputs, and insights on the most recent trends and best practices in building and running Project Portfolio Offices, shared by Waleed Abdelmajeed, a Strategy and PPM expert in the telecommunications sector in the MENA region.
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